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European Utilities To Use Blockchain To Gain A Competitive Edge

MoneroNitish SinghMarch 26, 20180

Enerchain, a peer-to-peer trading initiative is set to go live by the second or third quarter of 2018. Initially, it will be starting with a small number of electricity and gas contracts. The initiative is being taken to test the utilities’ - “ability to protect their margins by dominating novel automated trading architectures.” Currently, Italy’s…

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Monero Prices Fall As Snapchat Bans Cryptocurrency Ads

MoneroNitish SinghMarch 23, 20180

Yet another social media network has announced that they will be banning cryptocurrency ads from their platform. Following the announcement made by Snapchat, Monero prices plummeted down by over 8% in a span of 24 hours. From a high of $235 per coin, the altcoin has found support near the $212 mark by the end…

Coincheck Drops Support For Monero, Dash, and Zcash

BitcoinNitish SinghMarch 19, 20180

Coincheck, the crypto-exchange based in Tokyo which suffered a loss of over $550 million in NEM from a hack back in January, has declared that they will stop dealing with Monero, Dash, and Zcash. The trading platform sights the high level of anonymity provided by these digital currencies as a high risk, as it can…

Monero-Mining App Removed From Mac App Store

MoneroNitish SinghMarch 16, 20180

Calendar 2, a Monero mining app which used the user’s device to mine the digital currency in the background was recently removed from the Mac App Store. Apple states the reason behind their decision was because of high resource consumption by the app which strained the user’s system. Calendar 2 came with a unique freemium…

Egyptian Telecom Giant Using Monero Mining Malware

MoneroNitish SinghMarch 12, 20180

A new study conducted by the University of Toronto’s Citizen Lab claims that an Unidentified entity connected to the Egyptian government as well as the telecom industry has been filtering users’ machines with malware that mines Monero. Middle Eastern Web users, especially people living in Turkey and Syria have been victims of this malware attack….

The Play Store has a Fake Poloniex Exchange App

BitcoinNitish SinghMarch 3, 20180

Poloniex is a popular cryptocurrency exchange, but it has lacked an official mobile presence in the form of an APP. Recently, a fake Poloniex has been found out to circulate around the Google Play store, and chances are, it carries a dubious and malicious intent. Poloniex Exchange is based in the USA and started back…

Japan: Zaif Exchange Reports a “Glitch” Caused a Temporary “Purchase” of $20 Trillion in BTC for 0 Yen

BitcoinNitish SinghFebruary 21, 20180

Japan, as we know, is one of the leading countries adopting the new cryptocurrency trend. And despite the enthusiasm, security measures are not that high to avoid malicious attacks or even systematic bugs. Just a few days back, we reported how Coincheck, a bitcoin wallet, and exchange service got hacked. And now the Zaif exchange…

Aussie Lender Bans Crypto Purchases with Credit Cards

MoneroNitish SinghFebruary 14, 20180

With no regulation surrounding virtual and cryptocurrencies, it is common for banks to ban usage of credit cards to procure them. Commonwealth Bank of Australia(CAB) today released a statement stating that it is banning the use of credit cards for purchasing crypto-currencies such as bitcoin using credit cards. This comes as no surprise to many who…

Four things which makes IOTA a Good Buy

MoneroAnish NandaFebruary 9, 20180

IOTA founded in 2015, had crowdfunded 1300 bitcoins in that year itself and was considered as bitcoins biggest rival. In 2017, more than 30 companies have contributed to IOTA, including big giants like Cisco, Microsoft, Huawei, Samsung and Volkswagen. Since then IOTA had its own ups and downs, many people are still ambiguous seeing the…

Robinhood adds Cryptocurrencurrencies trading

MoneroVenkatesh ThallamJanuary 25, 20180

Robinhood, the infamous stock trading app which revolutionized how people, more specifically millineals buy stocks has entered the Cryptocurrency space. Introducing Robinhood Crypto. Invest in Bitcoin and other cryptocurrencies commission-free on the Robinhood platform, 24/7. #DontSleep. Get early access https://t.co/28TamoX4rO pic.twitter.com/MiQ9xnsoaq — Robinhood (@RobinhoodApp) January 25, 2018 What’s interesting is that they kept the landing…